Can we Post planned depreciation in closed FY

[former_member211822]

Dear Experts

We are facing an issue in Asset Accounting where a planned depreciation needs to be posted for Fiscal Year 2015 12^th period. As our booking for FY 2015 is already closed, unfortunately we cannot open the periods.

Is there any source where we can post these planned depreciation without opening FY 2015 Periods or can be bring that Depreciation to current FY. Has these assets needed to be cleared from FY2015. We have 5 asset facing with similar issue.

These are impacting our Audit book need to be closed as soon as possible.

Your help is highly appreciated.

Thanks and Regards

AA

[Former Member]

Hi AA,

Basically there are just two options.

a) Re-open fiscal year in GL to post missing depreciation.

b) Adjust planned depreciation from previous year so that it fits with posted value.

You can refer to this post for more information:

In general you should change your business process in a way that FI-AA subledger always gets closed before closing a FY in General Ledger,

Regards, Michael